Reference

Docs

01

How a desk works

A desk is an ERC-721. Each desk owns a vault: an ERC-6551 token-bound account whose address is derived from the desk's token id. The vault accumulates Robinhood Stock Tokens over time.

The protocol cannot move what is in your vault. Ownership is read from the NFT, not stored, so the book follows the desk and nothing else can reach it.

Supply is capped at 5,000 desks. There is no burn function for a desk. Burning one would strand its vault forever.

02

What you get

An equal share of every round settled after you mint. Not proportionally, not weighted by how long you have held. Every live desk receives the same amount.

You receive assets, not emissions. A round buys a real stock token and splits it.

A desk minted at round 40 has no claim on rounds 0 through 39. That is enforced by the cursor written when the desk is minted, not by a list someone maintains.

03

Activating a desk

Your vault's address is a pure function of your token id, so it exists before it is deployed. Distributions transfer to that address whether or not code lives there.

Nothing is lost by waiting. Deploy the account whenever you want to move what is inside it.

04

What a round does

When the pot reaches its threshold, it is spent in full on the next stock token in a fixed rotation of ten, cycled in order, executed on Uniswap v4.

The threshold is flat. The moment the pot clears 0.0066 ETH it is spent, all of it, on whichever stock is next in the rotation. What it bought is split equally across every live desk: one desk, one share.

Settling a round costs the same whether ten desks are live or a thousand: the round records one number and each desk pulls its own share. Claiming forty missed rounds is ten transfers, not forty, because the rotation cycles.

NVDA · AAPL · TSLA · GOOGL · MSFT · PLTR · AMZN · META · AMD · COIN

05

Where the money comes from

Two sources. Mint proceeds, and secondary royalties at 5%.

Every desk sold puts its whole price into the pot. Buyers fund the rounds; nobody has to seed it.

Be clear about what that means: mint ETH is a wash. 5,000 desks pay 0.08 ETH into the pot, and that pot buys stock for those same desks. It converts ETH into a basket of stock; it does not create yield. Anything above what you paid comes from royalties.

Royalties come from secondary buyers rather than from other desk holders, so an older desk catching more royalty-funded rounds is the mechanic working, not a subsidy.

Royalty enforcement on EVM is marketplace-dependent. Sales through this site enforce it natively. Elsewhere, it is advisory. That is the honest position.

06

What we take

Nothing.

The whole mint price goes into the pot and buys stock for every live desk. Royalties do the same. There is no protocol fee, no treasury, and no address in the contract for one — so it is not a policy that could quietly change.

07

Selling a desk

Sell the ERC-721 and the vault goes with it, whole — accumulated stock and unclaimed distributions included.

The stock is in your desk and you can pull it out yourself. Which means a seller can empty a vault after listing it. A listing here commits to the book it was made against, and the purchase reverts if anything changed. Third-party marketplaces cannot offer that; check the book at the moment you buy.

08

The numbers

Supply5,000 desks, and up to 20 in one purchase
Mint price0.08 ETH
Where it goesAll of it into the pot
Round threshold0.00660 ETH per live desk
Rotation10 stock tokens, in order
Royalty5%, ERC-2981
ChainRobinhood Chain · 4663

Every tunable parameter is bounded by an immutable floor and ceiling set at deploy, changed only through a two-day timelock, and every change emits an event. A compromised key cannot zero the threshold or price minting out of reach.

There is no second token. An earlier design burned one on every mint, but on a mint-on-demand curve that cannot reduce supply, so it was a price ratchet wearing the word scarcity. Minting costs ETH and nothing else.

09

The accounts

Every address is verified and published. The rotation was checked against uiMultiplier(), the only call the genuine Robinhood tokens answer and impersonators do not. Several contracts on this chain share these tickers and near-identical names.

10

Risks and eligibility

Stock Tokens are tokenized debt securities issued by Robinhood Assets (Jersey) Limited that track an underlying share price. They are not shares. They are not equity ownership. They confer no legal or beneficial rights in, or against the issuer of, the underlying securities.

They are not available to US persons and are restricted in Canada, the United Kingdom, Switzerland, the United Arab Emirates and sanctioned jurisdictions.

The pot only refills from trading and royalty activity. If volume stops, rounds stop. There is no schedule and no guarantee that any round ever settles.

Mint proceeds are a wash, as set out above. Anyone describing a desk as yield-bearing on the basis of mint volume is describing a transfer between minters.

Robinhood Chain runs a single sequencer operated by Robinhood. If it halts, nothing settles. Withdrawals to Ethereum carry a seven-day challenge window.

Stock token pools can be thin. A round buys at whatever the pool gives, and slippage is a real cost borne by holders.

Nothing here is investment advice, a solicitation, or a promise of return. No yield figure is quoted anywhere on this site because none can be honestly given.